Assistant Coach Abhishek Nayar has spearheaded the establishment of a temporary training facility in bustling Mumbai.
A higher-than-expected consumer price inflation (CPI) print for March in the US has dashed hopes of an interest rate cut by the US Federal Reserve (US Fed) in June. Analysts now expect the US central bank to start cutting rates in September, provided inflation remains in check and oil prices remain supportive. The markets, analysts believe, partially factored in this possibility.
Its 11MFY24 production is around 40.2 mt. In FY25, it could hit 50 mt and it may reach 55 mt by FY26. The PSU has capex plans for multiple projects, which should improve the product mix and augment capacity to 100 mt for FY30.
Real Madrid beat holders Manchester City in an edge-of-your-seat 4-3 shootout victory to reach the semi-finals of the Champions League.
Hong Kong has regained its spot as the world's fourth-largest market following a broad market rout in Indian equities. Currently, the Chinese territory's market capitalisation stands at $4.9 trillion versus India's $4.75 trillion, according to data compiled by Bloomberg. In January, the domestic equity markets' market capitalisation had surpassed that of Hong Kong following a spectacular rally in the small- and midcap stocks.
Jose Mourinho's side top Group G with a maximum nine points, three clear of second-placed Slavia.
Images from the Champions League Round of 16 matches.
In the Sensex pack, HCLTech rose the maximum by 3.12 per cent, followed by ITC which gained 2.73 per cent and M&M went up 2.61 per cent. TCS climbed 2.44 per cent. Tech Mahindra, Wipro, L&T and Maruti were among the other major gainers.
Ernesto Valverde's Bilbao team punished the visitors with clinical counter-attacks, playing with the advantage of having won the first leg 1-0 in Madrid.
Indian men's hockey team suffers 1-5 thrashing at hands of Australia in first Test
A day after upsetting world No.3 Australia, India women once again played an entertaining and fast-paced brand of hockey to defeat the United States 2-1 via shootout in an FIH Pro League match in Rourkela on Sunday.
Milwaukee led by 18 in the third quarter before Philadelphia used a 23-9 run to tie the game at 108 mid-way through the final period.
India's gold demand rose 8 per cent annually to 136.6 tonne in the March quarter helped by a strong economic environment despite prices touching historic highs, according to the World Gold Council. The aggressive gold buying by the Reserve Bank of India (RBI) also contributed to the rise in demand. India's gold demand in value terms rose 20 per cent on an annual basis to Rs 75,470 crore during the January-March period of this year on volume growth as well as a rise in quarterly average prices by 11 per cent.
IMAGRS from the soccer matches played across European leagues on Friday
IMAGES from the soccer matches played across leagues on Friday
Besides, dollar's weakness against some Asian currencies supported the local unit, forex dealers said.
Liverpool reclaimed top spot in the Premier League with a 3-1 win over Burnley at Anfield on Saturday, but they were made to battle hard by a brave visiting side.
Subbarao said, short-term as well as medium-term prospects or Indian economy continue to be grim. Fiscal deficit is going to be much higher, the debt burden much larger and the financial sector will be in a worse shape.
The Los Angeles Clippers registered a comprehensive 107-94 win over the Utah Jazz at the StaplesCenter on Saturday to rebound from their thrashing at the hands of San Antonio Spurs on Thursday.
There is no impediment to normal operations as Tata Motors puts in place the demerger process of its commercial and passenger vehicles businesses. Instead, the demerger would provide greater manoeuvrability for both new entities to operate independently, according to Tata Motors management. While there may not be immediate value unlocking, it will give investors clarity about future growth and the financials across different segments.
Klay Thompson chipped in with 21 points for the Warriors, who won their third straight overall and ninth in a row at home to maintain their No. 6 position in the Western Conference playoff race.
Analyst are cautious about the performance of IT services sector from January to March quarter (Q4) of FY24 and the first half (H1) of FY25. While the Bloomberg consensus on revenue implies the market is expecting 2-3 per cent growth on a quarter-on-quarter (Q-o-Q) basis for the IT majors through FY25, the H1FY25 is likely to see even flatter returns, and Q4FY24 is likely to be poor. There is likely to be some recovery in the second half (H2FY25) but even so, there's a chance that the market will be overall disappointed.
The biggest gainers on both bourses were Bharti Airtel, HDFC duo, L&T, Bajaj Auto, Kotak Bank, Reliance Industries, Axis Bank, ICICI Bank, SBI, ITC and Bajaj Finance, rising up to 4 per cent.
Summary of the Europa League semi-final matches played on Thursday.
India will play the second-best team of Pool B in the semi-final on Wednesday.
While gold gained Rs 320 to Rs 30,545 per ten gram after losing Rs 585 in last four sessions, silver recovered by Rs 390 to Rs 49,330 per kg, snapping Rs 2,260 losses of four days.
Silver, however, remained steady at Rs 37,200 per kg.
Denver Nuggets beat the Miami Heat 94-89 to bring a first NBA title to Mile High City.
'My tool is the way I look. This is the only thing that distinguishes me.' 'Most of us dress similarly. What sets you apart is your face. If you change that also, you're like anybody else.'
Voting was underway on Friday in 102 Lok Sabha seats spread across 21 states and Union territories in the first of the seven phases of the world's largest electoral exercise, with Prime Minister Narendra Modi urging voters to exercise their franchise in record numbers.
The BJP, which has allied with a few smaller parties, has sought to upend the state's conventional politics, which has so far been indifferent to Hindutva politics, by taking the ruling DMK head-on for its alleged insult of Sanatan Dharma besides involvement in corruption.
The hospitality industry has seen plenty of interest since the catastrophic impact of the pandemic, which led to losses in FY21. The hotel industry market cap has more than tripled since 2019 on the combination of a strong earnings rebound and positive surprises, as well as three recent listings. The industry has good tailwinds. The anticipation is, demand for rooms will outrun supply for a few years despite capacity expansions.
Pro League: India women suffer second straight loss to Belgium
It was the second straight week of gains for the benchmarks.
Roger Federer rediscovered his verve in the nick of time to outclass Austrian Dominic Thiem 6-2, 6-3, on Tuesday, and maintain his hopes of reaching the last four at the ATP Finals.
The Indian economy will suffer lasting damage from the coronavirus crisis and after an initial strong rebound in FY22 (fiscal year ending March 2022) growth will slow to around 6.5 per cent a year over FY23-FY26, Fitch Ratings said on Thursday. "A combination of supply-side scarring and demand-side constraints - such as the weak state of the financial sector - will keep the level of GDP well below its pre-pandemic path," it said in commentary on the Indian economy. Fitch said India's coronavirus-induced recession has been among the most severe in the world, amid a stringent lockdown and limited direct fiscal support.
'We expect the bull-market phase to still persist, but now led by large-caps which offer better valuation and benefit from FII inflows.'
'We expect continued pressure on midcaps, but any sharp correction looks unlikely from here on.'
The global IPO market saw a surge in activity in the last quarter of 2003 and early 2004, and is currently showing signs of a rebound, a new survey said.
The market breadth was marginally negative - out of 2,672 stocks traded, 1,316 declined, 1,277 advanced and 79 were unchanged. The NSE Nifty ended with a gain of 71 points at 3,921.
Indian colts' victory was backed by a grand show of character to hold off pressure from the Dutch side, and the cynosure of India's defence was Rohit who was hard to breach -- he blocked away six successive penalty corners in the final quarter ensuring India emerge victorious. He was awarded player of the match for his efforts.
